1601 400, Salt Lake City, UT 84104
2BD/—BA Residential in Salt Lake City, UT 84104. 793 sqft. Built 1974. Listed at $199,999. MLS #2139761.
2BD/—BA Residential in Salt Lake City, UT 84104. 793 sqft. Built 1974. Listed at $199,999. MLS #2139761.
Well-maintained, updated, and affordably priced, this 2-bedroom condo sits just minutes from downtown Salt Lake City. Recently refreshed with brand-new flooring, new windows, recessed lighting, and a clean, modern feel throughout. Located in a gated, pet-friendly community with covered parking and investor-friendly flexibility, it offers strong rental appeal and long-term upside. Positioned on the central west side within one mile of the growing Power District, State Fairgrounds, parks, schools, a dog park, shopping, dining, and quick freeway access. An ideal option for commuters, first-time buyers, or investors looking for a smart, budget-friendly property close to the city core.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
FOUR SEASONS VILLAGE
County
Salt Lake
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
793 sq ft
Condition
Blt./Standing
MLS #
2139761
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
FOUR SEASONS VILLAGE
County
Salt Lake
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
793 sq ft
Condition
Blt./Standing
MLS #
2139761
List Price
$199,999
Original Price
$235,000
HOA Fees
$200 / Monthly
Annual Taxes
$772
Home Warranty
No
List Price
$199,999
Original Price
$235,000
HOA Fees
$200 / Monthly
Annual Taxes
$772
Home Warranty
No
Heating
Electric
Roof
Flat,Rubber
Materials
Aluminum,Brick
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Electric
Roof
Flat,Rubber
Materials
Aluminum,Brick
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
88/100
vs Similar Homes
10% below
vs Market Median
13% below
Price Reduced
14.9%
Area Growth (YoY)
4.3%
Deal Score Breakdown
88/100 · 3 qualifying signals
15% price reduction from original list — seller may be motivated
Priced 10% below the median of similar listings
Priced 13% below the per-subtype city median
4.3% year-over-year ZHVI growth in this area
LT net cashflow -$357/mo (-23.1% return on ownership cost) · STR net cashflow -$980/mo (-63.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$1,348/mo
Range: $492 – $2,205
Net Monthly Cash Flow
−$357 /mo (−$4,288/yr)
Monthly rental income
Monthly ownership cost
Coverage
87%
Net /mo
−$357
DSCR
1.17
Est. Annual Revenue
$9,655/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$980 /mo (−$11,757/yr)
Monthly STR income
Monthly ownership cost
Coverage
52%
Net /mo
−$980
DSCR
0.56
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$575,000
-65% vs median
55 days
621
$184,000 – $7,995,000
$772
$200/monthly
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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